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LUIS RIVERO R photo
Venezuela
1 Level
1191 Review
4270.25 Karma

Review on Rakon by LUIS RIVERO R

Revainrating 3 out of 5

Project for the use of blockchain in logistics and shipment tracking.

It emerges as a business payment solution since effective methods of verifying and processing payments are required, especially in logistics processes, shipments that can integrate these into their tracking methods using ecosystems based entirely on blockchain. This company does not offer business services yet, they have only been able to carry out tests with some companies that are at their disposal.
The distribution of the token was done through an ICO, through purchase using ETH.
The ecosystem is based on a smart contract, currently its use is planned as an investment method as it is a financing asset of this platform, its price will increase as long as its use increases since they are a key part of the project. An issue that reduces the value of your asset is still in development as it is currently backed by your roadmap, white paper and most importantly your community as your success will depend on it.
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It is necessary to emphasize that they must report on the progress and it is necessary to update their roadmap since the last progress appears in 2019.

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Pros
  • Token holders will receive RKN quarterly for the profits obtained, that is, the user earns by just holding this asset in their wallets being proportional to the amount they have available.
  • Payments for using the platform can be in cryptocurrencies, bank transfers, cards, among others, depending on the laws and regulations of each country, since their chain will not only be a form of payment.
  • Locating and tracking using blockchain, this will avoid modifications and everything done in real time.
Cons
  • The development team is not fully verified, they need to provide more information to support RKN.
  • Currently there are a large number of projects that are working in this area, in this case the one that best designs business strategies will obtain greater business results.
  • It has a small community, this can be verified in different media

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